Weichai Power Co., Ltd. manufactures and sells diesel engines, automobiles, and other automobile components in China and internationally. It operates through Engines, Automobiles and Automobile Components, and Intelligent Logistics segments. The company provides design, development, production, sale, repair, and import and export of engines and auxiliary products, automobile axles and components, and gearboxes and components; hydraulic pumps and motors; hydraulic valves; gears and gear transmission devices; ancillary casting and casting products of hydraulic components; internal combustion engines, energy powertrain systems and ancillary products; technical consultation and technical services; leasing of self-owned houses; steel; business management services; forklift trucks; and warehousing technology and supply chain solution services. It offers its products under the Weichai Power Engine, Fast Gear, Hande Axle, Shacman Heavy Truck, and Linder Hydraulics brands. Weichai Power Co., Ltd. was incorporated in 2002 and is headquartered in Weifang, the People's Republic of China.
Weichai Power Dividend Announcement
• Weichai Power announced a quarterly dividend of €0.05 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-20
• Weichai Power annual dividend for 2024 was €0.13
• Weichai Power annual dividend for 2023 was €0.05
• Weichai Power's trailing twelve-month (TTM) dividend yield is 9.59%
• Weichai Power's payout ratio for the trailing twelve months (TTM) is 58.41%
Weichai Power Dividend History
Ex-Div date | Dividend amount | Dividend type | Pay date |
---|---|---|---|
2024-09-20 | €0.05 | quarterly | 2024-10-18 |
2024-06-03 | €0.04 | quarterly | |
2024-05-31 | €0.04 | quarterly | 2024-06-28 |
2023-09-28 | €0.03 | quarterly | 2023-10-27 |
2023-07-28 | €0.02 | quarterly | 2023-08-25 |
2022-09-22 | €0.02 | quarterly | 2022-10-21 |
2022-07-28 | €0.03 | quarterly | 2022-08-26 |
2021-09-23 | €0.03 | quarterly | 2021-10-22 |
2021-07-29 | €0.04 | quarterly | 2021-08-27 |
Weichai Power Dividend per year
Weichai Power Dividend growth
Weichai Power Dividend Yield
Weichai Power current trailing twelve-month (TTM) dividend yield is 9.59%. Interested in purchasing Weichai Power stock? Use our calculator to estimate your expected dividend yield:
Weichai Power Financial Ratios
Weichai Power Dividend FAQ
Other factors to consider when evaluating Weichai Power as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
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1. Determination of Dividend: Weichai Power's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, Weichai Power publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, Weichai Power distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from Weichai Power are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
1. Record Date: Weichai Power sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, Weichai Power distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: Weichai Power declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
To assess the safety of Weichai Power's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review Weichai Power's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.